All posts by Lonewriter

Business, Culture, Government

Biden Needs Illegals Or Grandma Is Going To Die

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What do illegal immigrants have to do with your grandma getting shoved off the cliff?

One of the big pushes by the Leftists such as President Biden, Komrade Sanders, and the Idiot-In-Charge Cortez is to get a federal minimum wage of $15 per hour. Everyone should be paid a living wage, they scream.

Here’s the problem.

Not everyone who employs a person can afford to pay them $15 per hour.

Let’s look at a worker earns $80,000 per year and supports a family. That income is almost one and a half times MORE than the median income in the US. After taxes the NET income is less than $60,000 per year. That is $30 per hour in remaining dollars.

What happens if the family needs to take care of an aging parent or the spouse, or a child needs at home care. Under the Biden plan, the family will need to pay out HALF of their income to hire someone to help. Now if you’re a 20 something congressman from New York making $174,000 per year, or a multimillionaire senator from Vermont, or an ex-vice president who made millions of dollars making speeches, paying out $30,000 per year is no big deal.

This is where the illegals come in. There is and will continue to be a “shadow” economy that has and will continue to pay illegal workers less than minimum wage. Most of the illegals are employed by businesses that required “touch labor” such as cleaning, manufacturing, construction, and agriculture.

I believe in the future we will see a booming “shadow” economy fueled not by businesses, but by individuals, such as the family who needs to hire a care worker, and  cannot afford to pay the mandated “minimum wage”.

Why would anyone work for less than minimum wage? If the worker is paid in “shadow” dollars, no taxes are paid. That’s a 10 to 20 percent increase in real dollars. $12 of “shadow” CASH is worth more than $15 of taxed income.

And there will be another effect that the Leftist won’t see coming. With the “shadow” economy, government never gets their hands on THE CASH, which means they will eventually raise taxes on the working folks, making the “shadow” economy even MORE LUCRATIVE, and the spiral downwards accelerates.  More taxes, more cash transactions.  At some point you may see the government try to crack down on cash transaction.  When this happens you will see a switch to crypto currency to keep one step ahead of “the man”.

What a system!

Culture, Environment, Government

Death Of Rural Living

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President Biden has declared his war on the oil and gas industries. Has he, anyone in his administration, or the supporters of this war on oil in Congress thought about the consequences of their actions on the way of life in America?

Rural living and the idea of freedom will have to END. The people in small towns and villages in Northern climates and in the state of Alaska will be forced to abandon their homes and way of life and to relocate to Southern states. Why? Many place that are not served by the electrical grid run on either individual or community generators. What powers these generators? Mostly diesel oil and some with with gasoline. Bye bye electricity. Many of these homes are heated with oil.

The “green new stealers” will tell these folks that they can switch over to renewable energy. In Northern climates that’s a sticky wicket. In winter time there is no sunshine at all in towns in Alaska, for months. 24 hours of darkness. Solar isn’t an option. You would need to invest over $1,000,000.00 per person in batteries to get through the periods of darkness. I assume every family of 4 has $4 MILLION in spare change.

Oh, they can use wind power, the “greenies” say. Well we saw what happened in Texas this winter when the windmills FROZE up during a cold snap and the whole power grid collapsed. And that was with only 25% of the power coming from wind turbines and cold that lasted only for a few days.  See how well they work after months of below zero temperatures.

No, with Uncle Joe’s war on oil, the most likely result will be Alaska will need to be abandoned and anyone who desires to live “off the grid” will also need to abandon their way of life and move to the Southern states.

Maybe the oil haters have thought about this.  President Biden and many in Congress are promoting high density housing to replace suburban living.  Perhaps there is a method to this seeming madness.

All the refugees from the North can sell weed to each other in their high density houses when Joe and company legalize that industry nationwide or they can move to China (and live in similar high density housing) and get those good paying John Kerry jobs, making solar panels.

Perhaps Uncle Joe will sell Alaska to the Chinese to pay for the high density housing, or we could trade the state for some solar panels.  The Chinese won’t care about “green new dealing” and they would be happy to have all the worthless oil and gas resources.

America, what a country.

Business, Finance, Government, International, Politics

Throwing Your Money Away

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I don’t hear any outrage about this FACT that I’ve noticed since President Biden was elected. GAS PRICES have been going UP UP UP. In my neck of the woods fuel prices are approaching 60 cents per gallon HIGHER since the election. Seems people should be upset by this, but I haven’t heard much outcry in the news.

What does a measly 60 cents mean? Just a few pennies, right?

If a WORKER uses 10 gallons of gasoline per week to commute to a job, to take the kids to school, to buy groceries, that’s $6.00 per week flushed down the toilet, since President Biden, the most popular president in US history, was elected.

What’s $6.00 per week mean? That may seem like a small amount of money.

Let’s look at a 20 year old worker who took that 60 cents per gallon ($6.00 per week, $312 per year) and put it into a Individual Retirement Account (IRA). Let’s assume the worker’s IRA has an annual interest rate of 7% which is how the markets perform over the long term. What does that measly 60 cents mean when the worker reaches the retirement age of 65?

60 cents per gallon would turn into $95,706.55 !!!  Just shy of $100 Grand.

If there was a 1% upward variance in the return the 60 cent would become $130,548.93 !!!

President Biden’s pick for Transportation Secretary, Petey Buttigieg, has said that he wants to raise the Federal gasoline tax to take more of your money, to give to gender studies programs in Pakistan I suppose.

I guess we can all flush down the crapper $100,000.00 of OUR MONEY for Pakistanis, or to bail out mismanaged public sector retirement funds, or to give to all the new ‘CITIZENS’ once President Biden gives amnesty to people who have entered into this country illegally.

As the saying goes, “It’s only (your) money“.